[144] First Bancorp/NC SEC Filing

Rhea-AI Filing Summary

First Bancorp/NC (FBNC) reported a notice of proposed sale under Rule 144 disclosing the planned sale of 3,475 common shares through Morgan Stanley Smith Barney LLC on 08/15/2025 on NASDAQ with an aggregate market value of $184,522.50. The filing lists the acquisition history for these shares: 1,189 shares bought in the open market for cash on 03/18/2020, 1,286 shares received as compensation on 06/01/2020, and 1,000 shares received as compensation on 06/01/2024. The filer states there were no securities sold in the past three months and affirms no undisclosed material information concerning the issuer.

Positive

• Full disclosure of proposed sale details including broker, share count, aggregate value, exchange, and approximate sale date
• Clear acquisition history listing acquisition dates, methods (open market and compensation), and payment types
• No securities sold in past three months simplifies aggregation and indicates no recent disposals by the filer

Negative

• None.

Insights

Securities Analyst

TL;DR—Routine insider sale notice providing specific share counts, acquisition dates, broker, and planned sale date; no recent sales reported.

The Form 144 supplies the required disclosure for a proposed sale under Rule 144: security class, number of shares, aggregate market value, outstanding shares, broker identity, and acquisition history. This enables market transparency about an insider or affiliate liquidity event. The absence of sales in the prior three months reduces the complexity of aggregated sale calculations. The filing contains no earnings or operational data to assess issuer performance.

Corporate Governance Expert

TL;DR—Compliance-focused filing that documents a planned sale and attests to absence of undisclosed material information.

The document meets Rule 144 disclosure requirements by naming the broker, sale date, share amounts, acquisition methods, and payment types. The signature attestations and prominence of the broker details support procedural compliance. There is no indication of unusual trading arrangements or aggregated sales within the reported window.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	3475	184522.50	41462418	08/15/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/18/2020	Open Market Purchase	Open Market Purchase			1189	03/18/2020	Cash
Common	06/01/2020	Compensation	Issuer			1286	06/01/2020	Services Rendered
Common	06/01/2024	Compensation	Issuer			1000	06/01/2024	Services Rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many FBNC shares does the filer plan to sell?

The filer plans to sell 3,475 common shares.

What is the aggregate market value and planned sale date for the FBNC shares?

The aggregate market value is $184,522.50 and the approximate sale date is 08/15/2025.

Which broker will execute the FBNC sale?

The broker named is Morgan Stanley Smith Barney LLC located at 1 New York Plaza, New York, NY.

What is the acquisition history of the shares to be sold?

Acquisitions listed are: 1,189 shares bought open market on 03/18/2020 (cash), 1,286 shares as compensation on 06/01/2020, and 1,000 shares as compensation on 06/01/2024.

Has the filer sold any FBNC securities in the past three months?

The filing states Nothing to Report for securities sold during the past three months.